Is It Crazy To Buy Westport Fuel Systems Inc. (NASDAQ:WPRT) And Federal Realty Investment Trust (NYSE:FRT)

The shares of Westport Fuel Systems Inc. (NASDAQ:WPRT) has been pegged with a rating of Buy by Lake Street in its latest research note that was published on May 10, 2019. The Consumer Cyclical company has also assigned a $5 price target. Lake Street wasn’t the only research firm that published a report of Westport Fuel Systems Inc., with other equities research analysts also giving their opinion on the stock. The stock had earned Buy rating from H.C. Wainwright Markets when it published its report on September 20, 2018. That day the H.C. Wainwright set price target on the stock to $6. The stock was given Buy rating by Lake Street in its report released on November 15, 2017, the day when the price target on the stock was placed at 5. Lake Street was of a view that WPRT is Hold in its latest report on October 05, 2017. Oppenheimer thinks that WPRT is worth Outperform rating. This was contained in the firm’s report on August 17, 2017 in which the stock’s price target was also moved to 3.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $3.40. The price of the stock the last time has raised by 102.86% from its 52-Week high price while it is -58.11% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 63.79.

The shares of the company added by 8.40% during the trading session on Monday, reaching a low of $1.28 while ending the day at $1.42. During the trading session, a total of 0.73 million shares were traded which represents a 37.91% incline from the average session volume which is 1.17 million shares. WPRT had ended its last session trading at $1.31. WPRT 52-week low price stands at $0.70 while its 52-week high price is $3.39.

The company in its last quarterly report recorded $0.00 earnings per share which is below the predicted by most analysts. The Westport Fuel Systems Inc. generated 46.01 million in revenue during the last quarter. Westport Fuel Systems Inc. has the potential to record -0.17 EPS for the current fiscal year, according to equities analysts.

Investment analysts at JP Morgan published a research note on April 22, 2020 where it informed investors and clients that Federal Realty Investment Trust (NYSE:FRT) is now rated as Neutral. Their price target on the stock stands at $83. Evercore ISI also rated FRT as Downgrade on April 20, 2020, with its price target of $73 suggesting that FRT could surge by 14.27% from its current share price. Even though the stock has been trading at $79.91/share, analysts expect it to surge by 6.21% to reach $99.00/share. It started the day trading at $85.16 and traded between $80.35 and $84.87 throughout the trading session.

A look at its technical shows that FRT’s 50-day SMA is 75.98 while its 200-day SMA stands at 115.49. The stock has a high of $141.35 for the year while the low is $64.11. The stock, however, witnessed a rise in its short on 05/15/20. Compared to previous close which recorded 2.27 M shorted shares, the short percentage went higher by 12.01%, as 2.54M WPRT shares were shorted. At the moment, only 3.38% of Federal Realty Investment Trust shares were sold short. The company’s P/E ratio currently sits at 18.78, while the P/B ratio is 2.73. The company’s average trading volume currently stands at 1.02M shares, which means that the short-interest ratio is just 2.49 days. Over the past seven days, the company moved, with its shift of 8.13%. Looking further, the stock has dropped -29.23% over the past 90 days while it lost -35.90% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. bought more FRT shares, increasing its portfolio by 0.56% during the last quarter. This move now sees The The Vanguard Group, Inc. purchasing 66,636 shares in the last quarter, thus it now holds 11,879,335 shares of FRT, with a total valuation of $989,192,225. Norges Bank Investment Management meanwhile bought more FRT shares in the recently filed quarter, changing its stake to $517,325,367 worth of shares.

Similarly, BlackRock Fund Advisors increased its Federal Realty Investment Trust shares by 1.44% during the recently filed quarter. After buying 4,968,718 shares in the last quarter, the firm now controls 70,309 shares of Federal Realty Investment Trust which are valued at $413,745,148. In the same vein, SSgA Funds Management, Inc. increased its Federal Realty Investment Trust shares by during the most recent reported quarter. The firm sold 2,844,579 shares during the quarter which increased its stakes to 4,074,103 shares and is now valued at $339,250,557. Following these latest developments, around 0.70% of Federal Realty Investment Trust stocks are owned by institutional investors and hedge funds.